{"id":223511,"date":"2024-01-21T17:58:02","date_gmt":"2024-01-21T20:58:02","guid":{"rendered":"https:\/\/cspabogados.com.ar\/?p=223511"},"modified":"2024-01-21T17:58:12","modified_gmt":"2024-01-21T20:58:12","slug":"rural-lands-in-argentina","status":"publish","type":"post","link":"https:\/\/cspabogados.com.ar\/en\/rural-lands-in-argentina\/","title":{"rendered":"Rural lands in Argentina"},"content":{"rendered":"

[et_pb_section fb_built=”1″ fullwidth=”on” _builder_version=”4.24.0″ _module_preset=”default” background_image=”https:\/\/cspabogados.com.ar\/wp-content\/uploads\/2024\/01\/iStock-1457482482.-Arbol-solitario-en-el-paisaje-pampeano-provincia-de-la-pampa-patagonia-argentina.1080×720.jpg” locked=”off” global_colors_info=”{}”][et_pb_fullwidth_post_title date_format=”j M Y” comments=”off” featured_image=”off” admin_label=”CSP. HEADER POSTS INGLES EMPRESAS” _builder_version=”4.19.0″ _module_preset=”default” title_font=”Source Serif Pro||||||||” title_text_color=”#FFFFFF” title_font_size=”36px” meta_font=”Source Sans Pro||||||||” meta_text_color=”#FFFFFF” background_enable_color=”off” use_background_color_gradient=”on” background_color_gradient_stops=”rgba(18,17,93,0.5) 0%|rgba(18,17,93,0.5) 100%” background_color_gradient_overlays_image=”on” background_enable_image=”off” background_position=”top_center” custom_margin=”|||0px|false|false” custom_padding=”300px||50px||false|false” animation_style=”fade” global_module=”221777″ saved_tabs=”all” global_colors_info=”{}”][\/et_pb_fullwidth_post_title][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.18.0″ _module_preset=”default” use_background_color_gradient=”on” background_color_gradient_stops=”#f0f3fb 0%|rgba(255,255,255,0) 50%” background_color_gradient_overlays_image=”on” background_enable_image=”off” background_size=”contain” background_position=”top_center” global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ background_color=”#FFFFFF” width=”95%” max_width=”950px” custom_padding=”5%|5%|5%|5%|true|true” locked=”off” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”CSP LEGAL BLOG. BODY” _builder_version=”4.24.0″ _module_preset=”default” text_font=”Source Sans Pro||||||||” text_text_color=”#292929″ text_font_size=”20px” text_line_height=”30px” header_font=”Source Serif Pro||||||||” header_text_color=”#292929″ header_2_font=”Source Serif Pro||||||||” header_2_text_color=”#292929″ header_3_font=”Source Serif Pro||||||||” header_3_text_color=”#292929″ width=”795″ global_module=”219558″ saved_tabs=”all” global_colors_info=”{}”]<\/p>\n

The Emergency Decree N\u00b0 70\/2023 (hereinafter, the Decree) implements several reforms to real estate regimes, including some concerning rural lands in Argentina, opening interesting opportunities for foreigners to invest.<\/p>\n

1) Abrogation of the Rural Lands Law<\/strong><\/h2>\n

Under Law No. 26,737 on the Regime for the Protection of the National Domain on the Ownership, Possession, or Tenure of Rural Lands, there were restrictions on the purchase of rural land by foreigners.<\/p>\n

The Decree has repealed the above-mentioned law, allowing foreign individuals and companies to freely purchase rural land.<\/p>\n

2) Security areas<\/strong><\/h2>\n

However, restrictions to purchase land in security areas stand.<\/p>\n

Foreigners who want to buy property in areas deemed key to national security are required to apply for prior consent from the National Commission of Security Zones and provide specific information about the intended use of the property, as per Decree Number 15,385\/1944, which was ratified by Law No. 12,913. The transaction will be void if prior approval is not obtained. The usage of such areas, the transfer of a controlling interest in, mergers, and spin-offs of legal entities that possess property located in a security area are also regulated.<\/p>\n

Should you want to consult a brief on the reforms to the civil and commercial lease regimes, please, review the following post: https:\/\/cspabogados.com.ar\/en\/amendments-to-the-civil-and-commercial-code-of-the-nation\/<\/a>.<\/p>\n

For general insights on the new legal and business environment of Argentina, please, see our post: https:\/\/cspabogados.com.ar\/en\/new-legal-and-business-environment-in-argentina\/<\/a>.<\/p>\n

Mario E. Castro Sammartino<\/p>\n

 <\/p>\n

For additional information on these or any other issues related to doing business in Argentina, please,\u00a0sign up<\/a>\u00a0for our Legal Blog or\u00a0contact us<\/a>\u00a0at any time.\u00a0Our publications exclusively express the\u00a0author\u00b4s opinion and do not purport to be legal counsel on any case. Should\u00a0you need it, you must consult with your trusted lawyer.\u200b<\/p>\n

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